PIMCO makes key US hire
Former Annaly Capital Management managing director, Jeffrey Thompson, has been appointed to the New York-based position of executive vice president and portfolio manager with global investment management firm, PIMCO.
Thompson would focus on CRE lending opportunities and would report to PIMCO managing director and portfolio manager, John Murray, and executive vice president and portfolio manager, Devin Chen, in their capacity as co-heads of US commercial real estate.
"Jeffrey brings more than 20 years of experience as an investment professional to our accomplished commercial real estate team," Murray said of the appointment.
"[He is] a tested portfolio manager in commercial real estate and private credit."
Prior to his position with Annaly Capital, Thompson spent 20 years with GE Capital working with institutional private equity commercial real estate clients.
AUTHOR
Hope William-Smith
Recommended for you
Global asset manager BlackRock has identified bringing private markets to the wealth channel as a key business area for the firm that could generate US$500 million in revenue in the future.
Flows into cash and fixed income ETFs soared in May, rising from $366 million in April to more than $1.3 billion, data from Betashares shows.
Quinbrook Infrastructure Partners has promoted its Australian head to the role of chief executive of the global investment manager.
UK-based fund manager Royal London Asset Management has appointed a Sydney-based head of regional sales as it embarks on a multiyear plan to expand its presence internationally.
